The bitcoin price is struggling to stay above the $61,000 mark, despite a rally in European equity indices, as the Bank of England held rates steady and hinted at a possible rate cut in the summer.
On Thursday, the BoE announced it would keep interest rates steady at 5.25% for the sixth time in a row and said it would continue its "wait and see" approach until it feels that the conditions necessary to cut the base rate are met.
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